Palantir (PLTR) insider Shyam Sankar files to sell 35,000 shares
Rhea-AI Filing Summary
Palantir Technologies Inc. insider Shyam Sankar filed a Form 144 indicating an intention to sell up to 35,000 shares of common stock through UBS Financial Services Inc. on or after August 6, 2026 on NASDAQ. The filing also lists prior sales during the past three months, including 165,514 shares of common stock sold on May 20, 2026 for $22,516,872.14, 35,000 shares sold on July 2, 2026 for $4,550,000.00, and 150,000 shares sold on July 2, 2026 by The Sankar Irrevocable Remainder Trust dated April 20, 2020 for $19,500,000.00.
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Key Figures
Proposed shares to be sold: 35,000 shares
Value of May 20, 2026 sale: $22,516,872.14
Shares sold May 20, 2026: 165,514 shares
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7 metrics
Proposed shares to be sold
35,000 shares
Indicated for sale through UBS Financial Services Inc. on or after August 6, 2026
Value of May 20, 2026 sale
$22,516,872.14
Proceeds from 165,514 Palantir common shares sold by Shyam Sankar on May 20, 2026
Shares sold May 20, 2026
165,514 shares
Palantir common stock sold by Shyam Sankar on May 20, 2026
Shares sold July 2, 2026 by Shyam Sankar
35,000 shares
Palantir common stock sold by Shyam Sankar on July 2, 2026 for $4,550,000.00
Value of July 2, 2026 sale by Shyam Sankar
$4,550,000.00
Proceeds from 35,000 shares of Palantir common stock sold July 2, 2026
Shares sold July 2, 2026 by Trust
150,000 shares
Palantir common stock sold by The Sankar Irrevocable Remainder Trust on July 2, 2026
Value of July 2, 2026 sale by Trust
$19,500,000.00
Proceeds from 150,000 Palantir shares sold by the Trust on July 2, 2026
Key Terms
Form 144, RSU, Irrevocable Remainder Trust
3 terms
Form 144 regulatory
"Shyam Sankar filed a Form 144 indicating an intention to sell up to 35,000 shares"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
RSU financial
"Common | 11/20/2025 | RSU | Issuer | | | 35000"
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
Irrevocable Remainder Trust financial
"The Sankar Irrevocable Remainder Trust Dtd 4/20/2020 ... 150000 | 19500000.00"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the Form 144 filing for PLTR by Shyam Sankar disclose?
The Form 144 discloses an intention to sell up to 35,000 shares of Palantir common stock through UBS Financial Services Inc. on or after August 6, 2026 on NASDAQ.
What transaction involving The Sankar Irrevocable Remainder Trust is disclosed for PLTR?
The Sankar Irrevocable Remainder Trust dated April 20, 2020 is reported as having sold 150,000 shares of Palantir common stock on July 2, 2026 for $19,500,000.00.
What type of Palantir security is involved in Shyam Sankar’s Form 144?
All transactions in the Form 144 relate to common stock of Palantir Technologies Inc., including the proposed 35,000-share sale and the reported prior sales.